Get to know Ithaca, NY
Located roughly 225 miles northwest of New York City, Ithaca lies in the Finger Lakes region and is named after a Greek Island of the same name. Ithaca is known as a college town, being home to both Ithaca College as well as the prestigious Cornell University. Originally home to Native Americans, it was not until after the Revolutionary War that the area saw vast European settlement. In 1790 the federal government began the Central New York Military Tract as a way to pay Revolutionary soldiers. Most land titles trace back to these grants. In the early 19th century, Ithaca became a transshipping point and was incorporated as a village in 1821. Ezra Cornell founded Cornell University in 1865 on East Hill. By the end of the 19th century, Ithaca had developed more industry, including the Ithaca Gun Company, whose famous shotguns were a favorite of John Philip Sousa and Annie Oakley. As it developed into a manufacturing and retail center the City of Ithaca incorporated in 1888. The growing season mirrors that of Germany’s Rhine Valley, making it ideal for the many wineries in the area. The city’s economy relies heavily on education, and is supported by technology and tourism.
Median Household Income: $30,436
Median Property Value: $220,400